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The "Heated Rivalry" team shared the message with their avid fanbase as Season 2 kicks off production in Toronto.

The GOP candidates who appeared in South Carolina’s U.S. Senate debate touched on several key issues of national importance as they made their case to fill the seat of the late Sen. Lindsey Graham.

Democratic Socialists Openly Call For The Erasure Of Constitutional Government

Joseph McCarthy was right about everything.  Communist movements have been playing the long game from inside western nations, exploiting the liberal freedoms westerners enjoy as a backdoor to sabotage free market choice and constitutional checks and balances from within.  The players might have changed over the decades, but the ideological goals remain the same.  

Forget about the "false left/right paradigm"; that concept is now dead.  Whatever logical clarity or loyalty to the American way that average progressives might have had is long gone.  They have detached completely from morality and ideals of merit and responsibility.  They are financially backed by some of the most evil NGOs and globalist corporations on the planet.  They have ties to some of the most despicable and oppressive governments in the world.  

The political left is the monster they claim to be fighting against.  They are the foot soldiers of the globalist order.  They are the greatest existing threat to western civilization.  To be "right wing" today simply means your principles sit to the right of Stalin and Mao.  It doesn't take much deviation to find yourself a mortal enemy of the leftist fold. 

Furthermore, these groups are intricately organized and operating using classic communist subversion tactics commonly used throughout Europe from the 1920s to the 1990s.  This includes front organizations, labor infiltration, agitation, influence operations, paramilitary training and mass propaganda.  

Remember when Democrats used to argue that the woke movement was not communist and to label it as such was a misinterpretation of what communism actually is?  Remember when they argued that Cultural Marxism is not a real thing?  Well, now they're coming out and openly admitting the agenda.

DSA candidates are infesting the Democrat Party, and if you thought the typical blue state liberals were extreme, get ready because the next generation is full-bore collectivist in their rhetoric and resolve.  In recent interviews with DSA politicians and campaigners, they list a series of goals (or demands) then intend to enact once they gain enough governmental power.  For example...

Erasure Of The Electoral College:   In other words, the destruction of the republic and the institution of a traditional "democracy" in which the 51% rule over the 49%.  Leftists have long believed that they are the majority of the US population, which is why they constantly call for the end of the electoral college.  Donald Trump's latest presidential win showed that leftists can't always count on a popular majority to maintain power, but they have an answer for that.

End Of The Two Party System:  This might sound like a rational policy, especially for libertarians.  However, America already has an open party system; there is no law preventing third, fourth or fifth party candidates from participation in elections.  What the DSA wants, at bottom, is a parliamentary system of government similar to governments across Europe.

Why?  Because parliamentary systems are designed to suppress conservative and nationalist movements.  In a parliament, multiple leftist parties will often vie for greater control but whenever conservative movements arise these parties join forces to stonewall the right-wing from any real power.  We have only to look to Europe today to see these suppression tactics in action, from France to Germany to the UK. 

End Of The Senate:  Again, this is something conservatives might agree with out of anger over Senate inaction, but leftists have a far different motive.  They want a massive and expansive congress which would create even more bureaucracy, have the power to choose the president or leader of the executive branch instead of the public, and remove all checks and balances through the three branch framework.  

Expand Or Replace The Supreme Court:  Socialists want a court that is completely subservient to congress and is loaded with leftist judges.  They rage over the idea that judges might interpret constitutional law against the favor of leftist policies.  Want to keep your gun rights or free speech?  Forget it if the DSA ever gets into power.

32-Hour Work Week And Extreme Increases To Minimum Wage:  DSA activists are economically retarded and have no concept of budgets and profit margins.  They think more like pillagers - They see companies with wealth and they want to take it by any means necessary.  The problem is, drastic cuts to productivity and huge wage increases will only lead to the destruction of businesses.

They will have to close up shop or fire a substantial number of workers to survive.  Leftists will then try to force companies stop layoffs.  This level of control is a fantasy and companies will fire people anyway.  The end game will, of course, be socialist calls for the government to nationalize the economy, which will also end in financial collapse as demand greatly outweighs production.

Paid Leave And Free College:  Who is going to pay for a bunch of low IQ dissidents to get degrees in gender fluid studies or underwater basket weaving?  Only the taxpayer.  Who is going to pay for European-style paid leave programs?  Only larger companies will be able to afford it, meaning small businesses will die out. 

Defund The Police And Eliminate The Prison System:  We've already seen how this goes.  When woke activists tried these programs in blue cities across the US, crime skyrocketed.  Social service workers and "community outreach" personnel are utterly incapable of handling the typical criminal.  So, they will do nothing instead and let repeat offenders run rampant. 

Democrat Socialist Co-chair Ashik Siddique: “Our police and prison system is stacked toward persecuting poor people... the language that we have in there is abolishing the police and prison system that protects capital over people.” pic.twitter.com/dg7XzyC828

— America (@america) August 2, 2026

Leftists use the claim that they want more equality of policing against "wealthy criminals" in order to appeal to the American distaste of elitism and corporate crime.  However, this is always pursued in tandem with less policing of "lower class" criminals (usually minorities).  The real reason leftist are so opposed to the criminal justice system is because most of them believe that lower class criminality is justified as an act of social justice against the rich (anyone with more money or success than they have).

Slavery Reparations:  No white American with any sense of dignity is going to pay reparations to black people who have never been slaves.  It's not going to happen.  But, socialists want minorities on their side as a righteous shield and so they will continue to promise reparations for decades to come. 

Feminism For All:  This is perhaps the most destructive goal of all, because it would enshrine feminism as a national ideological pillar.  The remnant of the old "patriarchy" is the only thing keeping the US from total collapse.  Feminists are a cancer on society and the source of most of America's ills. 

It's not just the abortion issue; feminists want women's supremacy, not equality, which means men (mostly white men) acting as the work engine the feeds women's coffers through taxation and government subsidies.  They are also the main source for the rise of the LGBT movement and gender-relativism.  The DSA would joyfully burn western civilization to the ground to achieve a system in which relativism is the standard. 

Open Borders And Path To Citizenship For All Illegals:  Nationalism is the barrier that prevents globalism from reaching its final form.  Borders, national identities and cultural separation are sins in the eyes of the woke cult.  They believe that if they eliminate all of these ideals then they will have no more enemies and they will therefore control the future of the human race forever. 

At this stage it's difficult to say if the DSA platfrom is going to resonate with enough Americans to gain significant momentum.  But, recent polls show 66% of all Democrats support the basic idea of socialism.  By extension, leftists are fuming over the reversal of public opinion on liberalism - They came so close to total control under Obama and under Biden and twice they have been thwarted.  

When leftists lose the first thing they always do is double down.  They do not take accountability and question their own thinking; they assert that they are right, everyone else is wrong or stupid, and they become even more insane.  The Democratic Socialists are a reflection of this mentality.  The more Democrats continue to lose ground, the more the DSA is going to grow because leftists don't care about being right, they only want to win.

Don't be surprised if the socialists rise from the woke grave to wreak havoc in 2028 and beyond.

Tyler Durden Tue, 08/04/2026 - 14:40

Musk Taunts SpaceX Bears Ahead Of Earnings: "I Tried To Warn Them, But They Just Double Down"

Summary: 

• Musk Warns Bears (Again) 
• Earnings at 1600 ET; Earnings Call at 1630 ET 
• SPCX Short Position Soars 
• SpaceX Earnings Preview: The Five Questions That Matter Most 

Musk Comments On ZH X Post 

Elon Musk has delivered another reminder to bears piling into SPCX shorts that "doubling down" can be a very costly strategy.

The stock is being squeezed nearly 10% higher in the afternoon trading hours in New York, with SpaceX set to report its first earnings as a publicly traded company in just a few hours.

"I try to warn them, but they just double down...," Musk wrote in an X post responding to our earlier report citing proprietary data from S3 Partners.

That data shows 95% of SpaceX shares available to borrow are already out on loan, with short interest amounting to 34% of the float.

I try to warn them, but they just double down … 🤷‍♂️

— Elon Musk (@elonmusk) August 4, 2026

Ahead of SpaceX earnings set to be released at 1600 ET (earnings call at 1630 ET), UBS analyst Christina Dwyer provided clients with color on what to look for ahead of earnings:

SpaceX (SPCX) reports after the closing bell on Tuesday and heads into its first major earnings report as a public company with investor focus increasingly shifting beyond the quarter itself. While revenue and EBITDA performance will matter, the August 6 lockup expiration appears likely to be the bigger near-term driver, opening the door to the first meaningful wave of insider selling just days after results. On the call, management is expected to spend considerable time on AI-related initiatives. Investors will be looking for updates on data center buildouts, potential increases to compute targets and any incremental commentary around Grok deployment timelines. Stronger-than-expected AI revenue could represent one of the more credible upside catalysts. Beyond AI, attention will also center on Starlink and Starship. An updated Starlink subscriber figure could be disclosed, although the market may be hesitant to place significant weight on the metric while the network remains largely supported by V2 Mini satellites. For Starship, investors are likely to focus on execution milestones, launch cadence and any signals around the path toward operational payload launches. Positioning remains an important factor. Hedge funds still screen as notably short, which could amplify upside if AI revenue exceeds expectations or if Starlink economics surprise positively, particularly around ARPU. Even so, the desk believes the lockup expiration is likely to dominate the T+1 reaction and remain the primary stock-specific overhang in the near term.

Polymarket odds of SpaceX beating on quarterly earnings currently stand around 35%.

SPCX Short Hits 34% Of Float Ahead Of Earnings 

SpaceX's first earnings report since its record-setting early June IPO is just hours away and will test whether investors can justify the company's lofty valuation after a vicious post-IPO bear market.

Shares hit a low of $104.83 on Monday, 22.4% below the $135 offering price and 53.5% beneath their June peak of $225, erasing more than $1 trillion in market value. However, the stock rebounded to $119 on Tuesday morning.

Wall Street expects a second-quarter loss of 24 cents per share on $6.8 billion in revenue, though limited financial disclosures have left analysts with little confidence in these estimates.

RBC analyst Ken Herbert outlined the five most important questions investors want answered before the earnings report, which will be released after the bell around 16:00 ET - 16:30 ET will be the earnings call (see report below).

Earlier this morning, we cited S3 Partners' proprietary short data, which shows that 95% of SpaceX stock available to borrow is out on loan, amounting to 34% short interest as a percentage of the float.

Massive SPCX shorting ahead of earnings: 95% of SpaceX stock available to borrow is out on loan, amounting to 34% short interest as percentage of the float: S3 pic.twitter.com/rELoXcyOJu

— zerohedge (@zerohedge) August 4, 2026

Musk stated last month: "The survival probability of firms who maintain a significant short position in SpaceX over time is very low."

The survival probability of firms who maintain a significant short position in SpaceX over time is very low

— Elon Musk (@elonmusk) July 17, 2026

Important: Mapping SpaceX's Lockup Expirations: HSBC Calculates When The Shares Could Hit The Market

SpaceX Earnings Preview: The Five Questions That Matter Most 

SpaceX has lost roughly $1.2 trillion in market capitalization since briefly peaking near $2.6 trillion in the first few trading days following its June 12 IPO. After an initial retail-driven buying frenzy, sentiment has sharply reversed, with the stock posting four consecutive weekly declines and now trading nearly 20% below its IPO price.

The steep pullback, driven largely by post-IPO technical selling, comes just ahead of the company's first earnings release as a public company, scheduled for after the market closes Tuesday. The report follows Tesla's quarterly results just weeks earlier.

RBC analyst Ken Herbert offered clients a preview of SpaceX's earnings, claiming that stock selling was driven more by technical factors than by deteriorating fundamentals.

Herbert expects second-quarter revenue to rise 66%, with adjusted EBITDA margins of approximately 30%, citing continued execution across Starship, Starlink, and the company's AI infrastructure. He warned that upcoming insider share lockup expirations are likely to put pressure on the stock.

Ahead of Tuesday's earnings, here's Herbert's view:

SpaceX (SPCX) will report its much-anticipated first public results on August 4. While the stock has significantly lagged since its initial post- IPO surge (down ~52% since its ~$225 peak), we expect lingering technical factors (share unlocks) and macro sentiment to remain headwinds. We believe the current valuation is attractive (under 17x consensus 2028 EBITDA), but we believe investors are focused on long term challenges, looking past near-term strength and strong fundamentals. With this preview we highlight what we believe will be five of the most important questions investors are focused on with the 2Q26 results.

Key points:

SPCX will report its 2Q26 results after the close on August 4. Beyond the actual results (we model 66% 2Q26 revenue growth and ~30% adj. EBITDA margins), the company has achieved several import milestones. The recent V13 Starship test flight was successful (and FAA regulations on re-use and launch cadence are set to ease), and the company continues to win significant government contracts (critical for space access and infrastructure funding). The initial 2026 guide will be a focus, but we believe investors remain overly focused on the mid-term operational and financial challenges, overly discounting the near-term outlook, in our view.

We see five key questions for SPCX heading into the 2Q26 results. First, we believe the upcoming share lockup expirations will remain a headwind (technical challenges). The best remedy is strong execution. Second, we are looking for a more detailed Starship update after the recent successful test flight. Third, investors are focused on SPCX's interest in becoming a full- scale consumer wireless operation (organically or through acquisitions)? Fourth, how is capacity expansion tracking and how will margin compute capacity be allocated? And fifth how would investors think about the software toolkit and SPCX's ability to succeed with higher margin products?

Where have the buyers gone? After the over-subscribed IPO--and the stock trading at under $110--we are often asked about the lack of demand. We believe the lock-up expiration is a material overhang (20% of insider shares are unlocked on August 6, with the incremental ~10% trigger unlikely), followed then by rolling 7% unlocks. The comparisons to Meta (significant under-performance in first year post-IPO) is likely appropriate, but we believe the current price overly discounts the maturity of the Connectivity and Space businesses.

We are maintaining our OP rating and $225 price target. Our PT continues to be based on a SOTP valuation. We believe the upcoming share lockups have been a headwind for stock sentiment, but see them as attractive entry points for investors. Our analysis of META's similar lockups is supportive of LT value in our view. Increasingly, we believe investors are also focused on a potential merger with Tesla, which we detailed in a recent note.

SpaceX 2Q26 Preview: Five of the most important questions investors will focus on in earnings:

Question #1: How has buying demand changed post-the heavily over-subscribed IPO and what impact could the lock-up period have on investor perception?

Answer: We believe the expected timeline for share un-lock is weighing on stock sentiment. The first lock-up period for SpaceX is scheduled for August 6, 2026, two days after the company reports 2Q26 earnings. Then, insiders will be able to sell up to ~20% of their locked-up shares, which equates to roughly ~911M shares. Comparing the company's lock-up expiry schedule to that of META's when it came public in 2012, we would highlight a similar stock performance to that of SPCX. META IPO'ed at $38/share and was down almost (50%) into its first 90-day lock-up expiry. SPCX is currently trading down (19.7%) from its $135 IPO price but is down (52%) from its high of $225.64.

Below, we have detailed the subsequent dates for additional lock-up expiration dates. As laid out in the prospectus, these dates are 70, 90, 105, 120, 135, and 180 days post pricing (June 12th). There is an additional lock-up expiry of 10% of shares on August 6th if SPCX closing price is greater than or equal to 30% above the IPO price of $135 ($175.50) for at least 5 of the 10 consecutive trading days ending on the first earnings release (Aug 4th), however this will not be achieved.

Question #2: What did we learn from the successful V13 Starship launch?

Answer: Last week, SpaceX launched Starship flight 13 (note here) achieving incremental steps with the launch. The launch marked a successful end-to-end mission, hitting all key milestones: the rocket lifted off from Starbase, the Super Heavy booster separated from the upper-stage and flipped for a Gulf of Mexico splashdown (though the landing was rougher than anticipated due to engine restart issues), completed its boostback burn, and the upper-stage climbed to orbit where it deployed 20 Starlink V3 satellites. Starship also successfully relit a Raptor engine in space — confirming the in-orbit restart capability that will be essential for future lunar missions — before re-entering the atmosphere to test its heat shield and splashing down in the Indian Ocean.

We believe SpaceX is likely to attempt to catch the next Starship with the tower on the next launch. After the success of flight 13, Elon Musk suggested that the company would attempt to catch the ship with the mechanical arms on the launch tower as it slows to a hover. The company has already successfully caught the Super Heavy booster but has not yet caught the upper-stage Starship with the launch tower arms. Performing a catch would entail sending Starship on a longer-range trajectory, potentially even into low-Earth orbit, in order to bring the vehicle back to the launch site. We believe formally scheduling the attempt, and successfully catching Starship could represent a positive catalyst for the stock. Given SPCX's plans for reusability of Starship, demonstrating a catch with the launch tower, could help sentiment behind the company's LT aspirations with Starship.

Question #3: What is the level of the company's interest in full-scale consumer wireless operation in the US, and is an acquisition a preferred path?

Answer: As the company is looking to increase its spectrum holdings, investors are weighing the company's opportunities to potentially acquire a carrier, build its own network, or pursue an MVNO route. As carriers are publicly shutting the door to MVNO talks with SpaceX, we view the company's spectrum pursuit as a leverage in the MVNO negotiations. We continue to view that operating a full-scale mobile operations in the highly-competitive US market entails a range of operational challenges, investments, and executive resources. We believe that a potential market share gain from the mobility market will not suffice to justify network and spectrum investments. However, the expansion of IoT, V2X and applications for Unmanned Aerial Vehicles could provide growth opportunities in periods beyond 2028.

Question #4: How is capacity expansion tracking and how will margin compute capacity be allocated?

Answer: We are modeling the company to exit the year at ~2GW of nameplate capacity and would view as the key bottleneck if we could see potentially bigger upside in '27. GOOGL and Anthropic are SPCX's two flagship customers contributing $26B of ARR starting in Q3, however, with those 2 only occupying an estimated 35% of estimated year-end capacity, the company tracking ahead on its deployment schedules would be very bullish. Further, META's commentary from Wednesday spoke to the depth of latent demand for added compute commenting that it had many offers from companies willing to pay a price that was multiples of its cost of compute (META's). This squares with SPCX's partnerships with the GOOGL and Anthropic deals priced at an estimated $50B annually/GW and $30B/GW, respectively.

Worth noting, on GOOGL's earnings call last week, in laying out the strategic rationale for leasing 3p compute to supplement its own, CEO Sundar Pichai gave a theoretical example where he arbitrarily cited renting compute from a partner for 6 months (as an example) at dilutive levels as being an acceptable tradeoff given it could quickly & accretively shift those workloads to its own compute once ready to deploy. We recognize the 6-month comment was only illustrative, but it wouldn't surprise us to hear questions probing at the durability of SPCX's partners. In some ways, we could assert this rhymes a bit with META's current capacity allocation conundrum where at some point, SPCX would need to show strong/accelerating traction with its own intelligence products to support the expected LT accretive mix shift of capacity allocation.

Question #5: How should we think about the software toolkit (Grok, Cursor, Build, Work,etc.c) being able to guide users tohigher-marginn products over time?

Answer: Most recent signs point to SPCX driving strong model training improvements as well as being on track for building out its expanding software & intelligence portfolio. We'd also expect some visibility around Cursor's growth which last reported ARR above $4B on June 8th up from $2B reached back in February. We believe the consensus view is now that owning & controlling the cost of compute is the surest way to achieving a durable moat in AI, though lately, we believe sentiment regarding moat formation at the harness & application layer is also warming as jobs are not being destroyed as was previously anticipated and many high quality companies are emerging at various checkpoints in the industry previously thought destined to be controlled by the verticalized frontier labs, etc. And with the open- weight/model affordability debate appearing more and more of a one-sided in favor of intelligence software being LLM agnostic, the path to creating a sticky user experience with land and expand capabilities remains somewhat less clear (for the industry by the way, not just SPCX). As such, we expect investors to be seeking visibility on technical, financial or any other mile markers for adoption where Cursor should remain at the forefront as it expands from a coding tool to a fuller multi-agent orchestration platform while the Grok platform of products will be coming from behind relative to the other frontier coding & work automation tools.

Herbert maintained an "Outperform" rating and a 12-month price target of $225.

Where the rest of Wall Street sits: 

Important: Mapping SpaceX's Lockup Expirations: HSBC Calculates When The Shares Could Hit The Market

Professional subscribers can read more on SpaceX here at our new Marketdesk.ai portal​​​​​​. 

Tyler Durden Tue, 08/04/2026 - 14:26

The approach isn't a quick-fix gimmick, but more about getting to the root of healthier hair with a few key switches.

The Los Angeles Chargers’ return to San Diego will carry a tribute to one of the franchise’s most beloved former players. Head coach Jim Harbaugh announced that players will wear blue circular “BR” decals on their white practice helmets during the team’s two days in San Diego, honoring former linebacker Billy Ray Smith Jr., who...

The Dolphins are changing things up massively in the front office for 2026.

ARLINGTON, Texas — It’s Logan Webb’s least favorite time of year. Or, at least, it should be. After another trade deadline in which the San Francisco Giants were sellers, Logan Webb revealed the difficulties that come with saying bye to close teammates. Imagine, a week on the calendar, year after year, that made your friends...

Even the bookie couldn't believe the bets that Shohei Ohtani's interpreter was throwing down.

The iconic catwalker also modeled two different legging-and-sports-bra sets.

The iconic catwalker also modeled two different legging-and-sports-bra sets.

Lane Kiffin recently faced a colorful question that not only would affect his LSU team but his own household.

Sen. Bernie Moreno accused his ex-son-in-law, Rep. Max Miller, of holding his 2-year-old daughter’s stuffed blue bunny hostage for 48 hours.

Fire Chief Anthony C. Marrone said: “I recognize that no report or investigation into the Eaton Fire can ease the deep pain and tragedy our residents have endured.

Apple Demands Forensics, Injunction On OpenAI - Which Fired Back Hours Later

Apple went to a federal judge on Monday with a sweeping demand in its case against OpenAI - in which two former Apple employees stand accused of funneling confidential information to the ChatGPT maker.

Apple wants an order barring OpenAI, io Products, Chang Liu, and Tang Yew Tan from touching its alleged trade secrets, plus forensic imaging of OpenAI's devices, cloud storage, email, and Slack, including anything that "previously contained" Apple data. The motion landed before Judge Edward J. Davila - yes, the Theranos judge - in the Northern District of California.

OpenAI fired back Monday night in a blog post titled "Apple is getting this wrong," calling the suit "careless, aggressive and oddly personal" and publishing email chains and iMessage screenshots to back it. Both sides have now put their evidence on the table, and the two accounts are irreconcilable.

"Apple is one of the greatest companies of all time, and built a reputation for obsessing over the smallest details. This careless, aggressive and oddly personal lawsuit sadly doesn't live up to that reputation," the company posted. 

As we reported last month, Apple sued on July 10, accusing OpenAI hardware chief Tan - a 24-year Apple veteran and former VP of product design for iPhone, AirPods and Apple Watch - and former senior electrical engineer Liu of running a scheme to funnel confidential hardware information to OpenAI. The complaint says more than 400 former Apple employees now work there. It was randomly assigned to a magistrate judge before Apple declined to consent, sending it to Davila. Apple's statement then: significant evidence had emerged that OpenAI employees wrongfully took its secret information on unreleased technologies. Monday's motion is the escalation, and it is far more specific than the complaint was.

After suing, Apple sent OpenAI a letter offering to stand down on injunctive relief if OpenAI would agree to five things:

1. No future access, acquisition, use, disclosure, or solicitation of Apple trade secret information
2. Halt any ongoing access or use
3. Preserve relevant evidence
4. "Permit Apple's counsel and third-party forensic analysts to inspect, image, and analyze all devices, storage drives, and accounts in OpenAI's possession, custody, or control that contain, or previously contained, any of Apple's confidential, proprietary, or trade secret information"
5. "Search any OpenAI network location where any Apple proprietary and trade secret information may have been transferred or stored"

Per the motion, "OpenAI initially responded that it would be willing to agree to the first three items." Then, over more than two weeks of negotiations between the companies and their outside counsel, talks on items four and five went nowhere: "they could not reach agreement."

Translation: OpenAI would promise not to use Apple's secrets. It would not let Apple's lawyers image its machines. So Apple is now asking a federal judge to order it.

Apple's four-front theory

The motion accuses OpenAI of "misappropriation at the organizational level" running on four tracks - Apple's words:

"(1) using proprietary Apple information to acquire and use still more trade secrets, including from Apple's trusted business partners; (2) exfiltrating Apple's trade secret information directly (through conduct like Mr. Liu's); (3) maintaining ongoing information pipelines from contacts still employed at Apple; and (4) using Apple proprietary information during the recruiting processes to try to extract still more trade secrets from job candidates."

So - Apple is claiming they've got moles in their organization.  

The new evidence in Apple's filing

Beyond what was in the July complaint, the motion alleges:

• One of the eleven additional ex-Apple employees now at OpenAI, "in the hours before his interview with OpenAI, began screenshotting and downloading information related to the highly confidential Apple project about which Mr. Tan inquired during his interview."
• Liu allegedly told Yu-Ting "Alyssa" Peng, still at Apple, that another former Apple employee "fumbled" his answers to Tan's questions about the unannounced product - and helped her prep for her own OpenAI interview on the same subject matter.
• Tan allegedly circulated Apple's own manager exit checklist to a departing employee, writing: "One thing for sure is that Apple will probably walk you out (wasn't like that a year ago but they have been clamping down recently .... Attached below is the manager's checklist so this will give you time to plan."
• OpenAI has allegedly been "circulating to job candidates an Apple document that describes Apple's security processes when an employee leaves the company." Apple's gloss: "OpenAI's goal here is plain - to help departing Apple employees avoid the checks and protections of Apple's exit processes."
• One interviewee was reportedly "surprised" that others brought Apple parts to OpenAI interviews because he "didn't even know we could take those from the office."

On the supplier front, Apple says the Corporate Defendants "directed a trusted Apple partner" - name blacked out in the public version - to run Apple's proprietary metal-finishing process for them, and that they "knew this too because they were involved in this partnership while at Apple." Apple put its own Surface Finishing Manager, Jackie Hughes, under oath on that one, alongside eight other declarants - including James Pooley, who wrote the treatise on trade secrets law, and forensic investigator Daniel Roffman, whose exhibits supply most of the quoted messages.

One wording note: coverage of the July complaint centered on Liu allegedly exploiting a rare authentication bug - a zero-day, per TechCrunch - to reach Apple's network after leaving. This motion frames the five download sessions as exploiting "residual access to Apple's third-party cloud storage." Same alleged outcome either way: thousands of pages out the door between his January exit and April.

Tyler Durden Tue, 08/04/2026 - 14:00

Vogue and the Met clearly aren’t afraid to court controversy. Following last year’s Jeff Bezos and Lauren Sánchez-funded Met Gala, the theme of the museum’s spring 2027 Costume Institute exhibition — and the accompanying star-studded ball — will be “John Galliano: Horizons.” On this episode of “Currently Trending” Page Six Style & Shopping Director Elana...

Vogue and the Met clearly aren’t afraid to court controversy. Following last year’s Jeff Bezos and Lauren Sánchez-funded Met Gala, the theme of the museum’s spring 2027 Costume Institute exhibition — and the accompanying star-studded ball — will be “John Galliano: Horizons.” On this episode of “Currently Trending” Page Six Style & Shopping Director Elana...

Kevin Durant’s latest attempt to praise the Philadelphia 76ers has reopened some old Golden State Warriors wounds. Durant argued on social media that Philadelphia’s new core of LeBron James, Joel Embiid, Jaylen Brown and Tyrese Maxey compares favorably with the Warriors team he joined in 2016. When a fan claimed the 76ers were not close...

America’s most expensive ZIP code just changed coasts.

Santa Cruz police responded Monday evening to reports of shots fired in the parking lot near the Santa Cruz Beach Boardwalk.